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BEIJING -- Chinese automaker Anhui Jianghuai Automobile Group Corp Ltd (JAC) reported rising sales in June.

BEIJING — China has been resolute in containing leverage and financial risks, as it endeavors to trade short-term deleveraging pains for the long-term health of the economy.

BEIJING — The World Bank has raised China's growth forecast for 2017 from 6.7 percent to 6.8 percent, based on rising household income and improving external demand, according to its latest report on Tuesday.

BEIJING -- The Ministry of Finance on Thursday announced that the central government had earmarked 3.2 billion yuan (0 million) to reward eight localities that have achieved remarkable poverty alleviation results.

BMW shares were trading down 0.6 percent on the day at 85.26 euros while Daimler shares were off 0.5 percent at 66.14 euros in afternoon trading in Europe. German's DAX index was off 0.3 percent.